About Payeg
Payeg is a Financial Services company based in Pune (India) founded in 2021. It provides Aadhaar-enabled payments, money transfers, and online utility recharges. It operates on a B2B and D2C model in Financial Services and Technology sectors. The company has 1 employees. Payeg offers products and services including AEPS, Money Transfer, Micro ATM, Utility Recharge, and Insurance. Its focus areas include FinTech, Utility Services, Recharge Platforms and Bill Payments. Its legal entity in India is EGPAY PAYMENT TECHNOLOGY PVT LTD (U72900PN2020PTC193296). Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
Payeg is a fintech company that facilitates Aadhaar-enabled payment systems, money transfers, micro ATMs, insurance, micro loans, and utility recharges. It operates through a mobile app and retailer networks, allowing users to perform banking transactions without visiting branches. Based in Pune, India, it serves retailers and individuals with secure, fast services to simplify financial activities and daily payments.
- Headquarters Pune, India
- Employees 1
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website payeg.in
- Legal Name Egpay Payment Technology Pvt Ltd
- Date of Incorporation 24 Aug, 2020
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹82,473
FY 2021
- Net Profit₹42,246
FY 2021 · 51% margin
- EBITDA₹42,246
FY 2021 · 51% margin
- Employee Count1
Associated legal entities of Payeg
Payeg operates through Egpay Payment Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Egpay Payment Technology Private Limited CIN U72900PN2020PTC193296 | Active | 24 Aug 2020 | Pune, Maharashtra | ₹0.0 Cr | 3 | View details |
Products & Services of Payeg
Payeg offers a comprehensive portfolio of products and services, including AEPS, Money Transfer, Micro ATM, Utility Recharge, and Insurance.
Enables Aadhaar-based cash withdrawal and deposits.
Facilitates instant money sending via IMPS and NEFT.
Converts shops into ATM outlets for cash services.
Handles mobile, DTH, and bill payments online.
Provides financial protection against losses.
Offers quick working capital loans for businesses.
Board of directors of Egpay Payment Technology Private Limited (Payeg)
Egpay Payment Technology Private Limited is the primary company behind Payeg. The board of Egpay Payment Technology Private Limited currently have 3 directors; the longest-serving is Brajlal Rajak, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brajlal Rajak DIN 08846442 | Director | 24 Aug 2020 | 6 yrs 2 mo | Egpay Payment Technology Private Limited |
| Khushboo Rajak DIN 08846441 | Director | 24 Aug 2020 | 6 yrs 2 mo | Egpay Payment Technology Private Limited |
| Naveen Swami DIN 08824015 | Director | 24 Aug 2020 | 6 yrs 2 mo | Egpay Payment Technology Private Limited |
Financials of Payeg
Figures of Egpay Payment Technology Private Limited, the primary company behind Payeg, for FY 2021. Revenue was ₹82,473. Net profit was ₹42,246 (51% margin). EBITDA was ₹42,246 (51% margin).
- ₹82,473Revenue · FY 2021
- ₹42,246Net profit · 51% margin
- ₹42,246EBITDA · 51% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Egpay Payment Technology Private Limited are on its company page.
Detailed financial statements for Payeg
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Payeg
Payeg has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Pay Point India and Kaleidofin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending |
Detailed competitors of Payeg
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Payeg (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Payeg
Payeg was founded in 2021.
Payeg is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Payeg has 1 employees.
The primary company behind Payeg, Egpay Payment Technology Private Limited, reported revenue of ₹82,473 for FY 2021.
Payeg is a fintech company that facilitates Aadhaar-enabled payment systems, money transfers, micro ATMs, insurance, micro loans, and utility recharges. It operates through a mobile app and retailer networks, allowing users to perform banking transactions without visiting branches. Based in Pune, India, it serves retailers and individuals with secure, fast services to simplify financial activities and daily payments.
Payeg's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
Payeg offers AEPS, Money Transfer, Micro ATM, Utility Recharge, and 2 more products and services.
Payeg operates through Egpay Payment Technology Private Limited.
The legal entities of Payeg currently have 3 directors, including Brajlal Rajak, Khushboo Rajak, Naveen Swami.